Explore the distinctions between direct and indirect procurement. Dive into their roles, strategies, and impact on spend management. Discover how they influence a company’s operations, profitability, and supplier relationships.

Throughout history, advances in technology have allowed people to pursue creativity expand their minds to develop even more technological advancements.  As technology advances, so does 3 Essential Qualities to Drive Effective Procurement

The Procurement Process basics relates to the buying process of businesses and usually refers to the purchasing of supplies or services.  Many companies use The Basics of the Procurement Process: What You Need to Know

In recent years, the procure-to-pay process (or the “P2P process”) has become best practice for both businesses and their suppliers.  How do we know? The Complete Procure-to-Pay Process: Definitions and Best Practices

The first time match rate As we discussed in our previous post, first time match rate (FTM) is an essential Key Performance Indicator (KPI) Why Increasing Your First Time Match Rate Is Critical to Reducing Costs

Many established companies use Key Performance Indicators (KPIs) as a way to measure the success of a particular activity that it is engaged in. Procure to pay KPIs: 11 metrics you need to track